The LME said it was continuing to assess the sanctions Britain imposed in June on Potanin, known as Russia's "Nickel King".

Global stocks are up for the sixth day and the dollar weakened from 20-year highs.

The group accuses the company of improper appropriation of land assigned to the community for farming or hunting.

The EU added Andrei Kozitsyn, former head of Urals Mining and Metals Co, to its list of individuals and companies banned for supporting the invasion of Ukraine.

Aluminum producers are facing a hard landing after the bonanza pricing seen in the first half of 2022.

Volatile market reeling from a big short gone wrong can blow up if West imposes sanctions on Russia. And don’t expect Indonesia to fill in gaps anytime soon.

The expansion could potentially involve international zinc assets held by the company’s parent Vedanta.